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Meg has saved up $350 to purchase a new TV from the local store. The sales tax in her county is 5% of the sticker price. Write an equation and solve it to determine the value of the highest priced TV Meg can purchase with her $350, including the sales tax. Round your answer to the nearest penny.

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carlosego

For this case we have:

Let p be the highest price of the TV that Meg can buy

We have to:

5% of p is given by:

[tex]0.05p[/tex]

So, we have:

[tex]p + 0.05p = 350[/tex]

Clearing p we have:

[tex]1.05p = 350[/tex]

[tex]p=\frac{350}{1.05}\\p=333.33[/tex]

Thus, the highest price of the television that Meg purchases should be [tex]p = 333.33[/tex]dollars.

Answer:

[tex]p + 0.05p = 350\\p = 333.33[/tex]


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